On July 28-30, Monaco hosted the 11th Global Family Office Investment Summit under the high patronage of His Serene Highness Prince Albert II of Monaco. The Ritossa’s Family Office Summit, organized by Sir Anthony, was recognized as the largest of its kind, bringing together investors with wealth over $ 4.5 trillion. The summit was aimed at discussing alternative investments and the impact of family office investments on human well-being. The main topic of the summit was the discussion of alternative sustainable investments that would help preserve capital during volatile market behavior.
Such meetings bring together like-minded people and members of family investment funds. As the head of the family foundation, Sir Anthony always creates up-to-date events with a big agenda and atmosphere that can only be found at Ritossa summits. The conference, which was attended by the team of the Bitcoin Ultimatum, also was attended by over 600 private investment offices and the richest people in the world. Among them are members of Royal Families, Princes, Sheikhs, Heads of investment and financial companies.
Search for alternative directions for investment
The behavior of stocks and bonds in the markets is becoming more unpredictable, and it is a big risk to make forecasts based on outdated models. Therefore, more and more family office managers are using new technologies that were discussed at the event.
“I believe that, fundamentally, we all want to be the best version of ourselves – within our families, our relationships with others and, ultimately, our wealth. There is a revolution unfolding on the balance sheets of the world’s corporations that holds a lesson for families with wealth: “The Explosion of Intangible Assets”. — said Sir Anthony Ritossa.
As we know, blockchain startups are currently the most interesting alternative investment area. Young technology has millions of supporters around the world, including very famous and influential people.
At the Ritossa’s summit, the Bitcoin Ultimatum project from the team of Mykola Udianskyi was the representative of the blockchain industry. The head of BTCU presented to the esteemed public an improved version of Bitcoin, which solves the problem with the scalability and energy consumption of classic bitcoin, and also allows to launch smart contracts and supports DAPPs.
“Apart from solving the most critical adversities of Bitcoin, the new cryptocurrency’s (BTCU) protocol will also serve as the best alternative for the implementation of blockchain technology on a large-scale business and social processes.” — according to the team.
In addition, the BTCU developers announced their readiness to cooperate with the government of any country (except those under sanctions) in the creation of a state cryptocurrency of any complexity and on any blockchain.
In general, alternative assets became an important topic of the meeting, because, in times of unpredictable volatile market behavior, financiers need a safe haven to preserve and increase their wealth.
The history of the Italian Ritossa family has been going on for 600 years and is closely intertwined with success in financial affairs and investment. Before becoming a full-fledged representative of the family office, Sir Anthony Ritossa made an amazing career on Wall Street and managed to prove himself in managerial positions in the largest investment funds.